Just had a conversation with my 72 year old father regarding long term care insurance. He does not have any and does not believe in purchasing it. He claims all 4 of my grandparents did not use it, my mother who passed away at 58 did not use it and his brother who passed at 67 did not use it. He believes the money you spend on long term care insurance should be invested. My question is, what percent of people who purchase ltc actually use it? Any thoughts or advice?
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